The first exemptions from tariffs on Chinese exports that were applied in Aug. 2018 – so-called “list 2” duties – have been granted. That brings the total approvals for list 1 (July) and list 2 to 28.1% of decisions from a low of 17.1% in March. There’s a growing backlog of list 3 applications too which could take several months to be decided upon. The initial crop of list 2 approvals includes a request from ZF covering imports of electric motors. The autoparts maker has already been cutting its exposure to China with a 15.3% year over year drop in shipments of all products in 2Q to just...